Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

9:17 AM

Opening Bell :: Nifty holds 19.300

9:08 AM

Pre-Open Session :: Nifty tests 19,300

9:07 AM

Pre-Open Session :: Sensex sees minor uptick

9:05 AM

Large Trade :: 1.8 cr shares (3.15% equity) changes hands on Star Health counter

9:03 AM

Currency check :: Rupee opens higher at 82.56/$

8:59 AM

ALERT :: Block deal in Zomato

>> 3.19 crore shares exchanged

>> 0.4% equity 

>> Per share price of Rs 90.10

>> Deal value at Rs 288 crore

8:55 AM

Gold prices unchanged, silver jumps by Rs 500, trading at Rs 76,900 per kg

The price of 22-carat gold was also unchanged, with the yellow metal selling at Rs 54,50. READ MORE

8:51 AM

Stocks to Watch today, Aug 28: RIL, Jio Fin, BEL, Adani group, Gland Pharma

Stocks to Watch on Monday, August 28, 2023: The 46th Annual General Meeting (AGM) of Reliance Industries will take place at 2 PM today where Chairman Mukesh Ambani will address the shareholders. READ MORE

8:46 AM

FDI equity flows into India declined 34% to $10.94 bn in April-June 2023

Inflows dipped in segments including computer hardware and software, trading, automobile and pharma. READ MORE

8:41 AM

ALERT :: Vodafone Idea, ATC agree to extend the period of redemption of 8000 OCDs from 6 months to 18 months

Note: The company had agreed to issue and allot captioned Optionally Convertible Debentures (OCDs) to ATC Telecom Infrastructure Private Limited, post approval of shareholders in general meeting

8:36 AM

Stake sale, IPO plans for retail units in focus for Ambani's AGM speech

Ambani, chairman of Reliance Industries Ltd., will address shareholders at its 46th annual general meeting by video on Monday. His once-a-year speech to investors — similar to Warren Buffett’s annual letters to Berkshire Hathaway shareholders — has over time evolved into an highly anticipated pageant when the tycoon announces grand new initiatives. READ MORE

8:33 AM

Q&A | Retail trading volumes may bolster momentum: Centrum Broking's S Nayak

Centrum GalaxC will leverage Centrum Group's expertise in wealth management, insurance, and banking to provide schemes for wealth growth, management, savings, and security, said Nayak. READ FULL INTERVIEW

8:25 AM

FPIs invest Rs 10,689 cr on inflation risks in Aug; pace of investment slow

After infusing a staggering amount in Indian equities in the past three months, the pace of inflow from foreign investors ebbed in August with a net investment of Rs 10,689 crore on higher crude oil prices and resurfacing of inflation risks. READ MORE

8:20 AM

Nifty may take support around 19,170; Bank Nifty near 43,600

According to Ravi Nathani, an independent technical analyst, the Nifty can potentially take support around 19,170 - 19,050; Bank Nifty remains rangebound within 43,600 - 45,100. READ MORE

8:14 AM

WATCH VIDEO | What factors will guide markets this week?